338 E Main Street, Ripon, CA

$2,870,000

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1,550

Square feet

0.36

Acres

About 338 E Main Street

Starbucks Corporation was founded in Seattle, Washington in 1971. Starbucks is expanding its drive-thru format which produces as much as 50% more income then its older sites. Starbucks has over 38,000 locations, and S&P BBB+ rating,$36.5 billion in annual revenue and a market capitalization rate of $86 Billion. Starbucks Drive Thru built in 2018. 1550 square feet. Ten year lease + four 5 year options with 10% rent increase upon exercise of each option. Fronts State Highway 99 with 119,000+ average cars per day. Easy on/off freeway access. Sixty-five foot pylon sign. Ten car parking. Affluent demographics with $115,000 average annual income within a 3 mile radius. Within a mile of private and public schools, government offices, Mistlin Sports Park and Spring Creek Golf and Country Club. Ripon has easy access to California's major freeways. The San Francisco Bay Area is 80 miles west and Sacramento is 60 miles north. Stockton (home of University of the Pacific, Stockton Metropolitan Airport and the port of Stockton) is 10 miles to the north. Diverse Economy

Features of 338 E Main Street

MLS® # 224056833
Price $2,870,000
Bathrooms 0.00
Square Footage 1,550
Acres 0.36
Year Built 2018
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 338 E Main Street
Area 20508
City Ripon
County San Joaquin
State CA
Zip Code 95366

Amenities

Utilities Separate Water Meter, Separate Gas Meter
Features Major Tenant
Parking Spaces 10
Parking Guest, Uncovered, Open
Is Waterfront No
Has Pool No

Interior

Heating See Remarks
Cooling See Remarks
Fireplace No
# of Stories 1
Has Basement No

Exterior

Lot Description Freeway Nearby
Roof See Remarks
Construction See Remarks

Additional Information

Date Listed May 27th, 2024
Zoning Restaurant Drive in

Listing Details

AgentSteven D Zakula
OfficeCompass

Listing Map

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